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Food prices

With memories of peak prices in 2007-8 still vivid, manufacturers must keep a close watch on commodity markets. Sudden shifts can have a massive, overnight impact on costs - and worsen food insecurity in developing countries.

NMR potential to tackle tomato food fraud

Nuclear Magnetic Resonance (NMR) profiling could help determine between organic and conventional tomatoes to prevent food fraud, according to researchers.  

Extraction technology from Phytonext could help reduce food waste and lower food and cosmetics prices

A botanical extract technology focusing on essential oils from citrus peel could help cut cosmetics and food prices as well as reduce food waste, the firm behind it is claiming....

UK malnutrition on the rise, report finds

BBC findings suggest malnutrition is on the rise in the UK; a trend that could be due to insufficient education about balanced diet and hefty price tags on healthy food,...

Data Blog: The figures behind Russia’s food ban

Russian sanctions could cost EU industry more than €5 billion in exports

In this data blog FoodNavigator takes a look at the trade figures behind the recent Russian trade sanctions - to reveal which countries and categories will be worst hit, and...

‘Sin taxes’ are regressive and impose middle class values on the working class: Economist

‘Sin taxes’ as a strategy to curb consumption of foods high in salt, fats and sugar are regressive and disproportionately costly for businesses and consumers, according to an economist from...

If France moves towards US-style class actions, innovation will be stifled: Lawyer

Plans to expand the scope of class actions in France could be part of a wider trend towards group claims of damages to health as seen already in the US,...

Pectin prices: Tight supply and high raw material costs lead to price rise for Andre Pectin

DSM subsidiary Yantai Andre Pectin Co. has announced price increases of between 10 and 30% for its complete pectin portfolio in response to 'tremendous cost increases' caused by tight supply...

Nestlé to source 100% sustainable cocoa for UK and Ireland by 2015

Nestlé’s will use sustainable cocoa for 100% of its UK and Ireland portfolio by the end of 2015, up from its current 60% mark.

German choc firm shifts packaging to Poland in search of cheaper labor

Hachez, owned by the Danish Toms Group, will move part of its packaging production from Germany to Poland in an attempt to claw back some of its recent losses.

'Sin taxes' on unhealthy foods will work, says EU report

Taxes imposed on sugary, salty or fatty foods do lead to reductions in consumption, says the European Commission in a new report. But higher taxes could also encourage consumers to...

“The IEA does not accept state money, and all of our research is independent of corporate funding.”

UK think tank denies Malaysian palm oil conflict of interest accusations

The Institute of Economic Affairs (IEA) has said categorically it does not accept state money, following accusations by a Malaysian media outlet that the UK think tank is in bed...

INFOGRAPHIC

€100m Irish organic market returns to form – but who’s buying and why?

The Irish organic food market has returned to retail value growth for the first time since 2010, but consumers may be driven more by negative perceptions of non-organic than positive...

Strong Scottish food & drink brands will install referendum confidence, says Scot food minister

Retail sales of Scottish food and drink brands in the UK rose by £513m from 2007 – figures the Scottish government says will deliver clout in the upcoming independence referendum.

Tesco boss Philip Clarke to quit after profit warning

Tesco boss Philip Clarke is to quit the embattled retailer in October, despite pledging in April to “see this job though”.

EU-Ecuador trade deal to open fish, fruit and coffee doors?

Ecuador has signed an EU tariff-free trade agreement, joining Andean neighbours Peru and Colombia five years after it initially rejected the tie-up.

UK public sector sourcing plan backs local food industry: ‘All food that can be bought locally will be bought locally’

UK prime minister David Cameron has announced plans to boost the British farming industry by sourcing public sector food locally.

Hope for cheaper, more accessible wheat as genetic blueprint of bread wheat genome unveiled

There is hope for cheaper and more accessible wheat as a draft genetic blueprint of bread wheat genome is unveiled by the International Wheat Genome Sequencing Consortium.

Global food prices fall for third consecutive month, says FAO

The FAO Food Price Index was down for a third consecutive month in June, as good supply and improved global production prospects for wheat, maize and palm oil lowered prices....

'Land grabbing' could help feed at least 300 million people, study suggests

Crops grown on "land-grabbed" areas in developing countries have the potential to feed an extra 100 million people worldwide, new research has suggested.

Mushroom cartel: EU fines canned mushroom producers in antitrust settlement

The European Commission (EC) has fined three producers of canned mushrooms more than €32 million after it ruled that they participated in a cartel to coordinate prices throughout Europe.

Brits moving to non-dairy pastures: Mintel report

There is a growing trend towards dairy alternatives in the UK, with volume sales of cow-milk alternatives such as soya, rice and buffalo milk up 155% between 2011 and 2013,...

Yeast industry faces raw material challenges as sugar quota abolishment looms

It is vital that the yeast industry is not forgotten in European sugar and energy policies if Euro-firms are to remain competitive on an increasingly international stage, according to the...

Chinese xanthan gum prices hit all time low

Xanthan prices continue to be very competitive, guar prices remain steady and cassia prices have escalated owing to a reduced crop in India, according to a hydrocolloids analyst.

EU pesticide bans: 'Overzealous' regulation threatens food security, claim ag bodies

Over-regulation in EU farming is threatening crop production, meaning the UK is falling behind overseas pesticide-using competitors, agricultural bodies warn. 

FAO: Food prices down as weather and Black Sea tensions improve

Food prices were down for a second consecutive month in May following a ten-month high, according to the United Nation’s Food and Agriculture Organization (FAO).